Can individual faculty and staff members elect a reduction in salary rather than a decrease in employee benefits?
No. Due to anti-discrimination laws and regulations that apply to employee benefit programs, it is not feasible for the College to offer such an option. As noted previously, faculty and staff members do have the option to individually reduce their pay in a tax efficient manner to supplement the College’s contributions to the retirement and health insurance programs.
Related Questions
- What can benefits-eligible faculty and staff members do to limit the impact of flat or decreased levels of employer contributions to employee benefits?
- Were reductions in the salaries of existing faculty and staff members considered as an alternative to reductions in employee benefits pools?
- CAN THE OFFICE OF GENERAL COUNSEL REPRESENT OR GIVE PERSONAL LEGAL ADVICE TO INDIVIDUAL FACULTY MEMBERS, STAFF, OR STUDENTS?
